Overview
What is Middlesex Community College Foundation Inc?
Middlesex Community College Foundation Inc, situated in Middletown, Connecticut at 100 Training Hill Road, is a dedicated nonprofit organization. Its primary mission lies in supporting the educational endeavors of Middlesex Community College. This support encompasses providing scholarships and prizes to the college's students, thereby empowering them financially. Additionally, the foundation extends its support to the college itself, contributing to its overall educational activities. By doing so, Middlesex Community College Foundation Inc plays a crucial role in fostering academic growth and success within the Middlesex Community College community.
Official website here: www.mxccfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating.
Middlesex Community College Foundation Inc has achieved a remarkable 97% score overall, indicating a strong commitment to accountability and financial health. The rating is derived entirely from a single beacon score that evaluates key factors, such as board independence and financial stability, with the organization scoring exceptionally well across all criteria.
The foundation boasts a fully independent board, ensuring no conflicts of interest, and has a robust program expense ratio of 78.12%, reflecting a high proportion of resources dedicated directly to its programs. Furthermore, it maintains excellent practices in governance, including listed policies for conflict of interest, whistleblowing, and document retention.
While the financial health appears solid with a low liabilities to assets ratio of 4.91%, the focus on accountability may suggest limited engagement in broader organizational outreach or community impact metrics, which are not assessed in the current rating. Overall, Middlesex Community College Foundation Inc exemplifies a highly accountable nonprofit with strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Middlesex Community College Foundation Inc legitimate?
Middlesex Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middlesex Community College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.mxccfoundation.org
What is the mission statement of Middlesex Community College Foundation Inc?
The Middlesex Community College Foundation Inc's mission is centered around supporting the educational activities of Middlesex Community College. This support is multifaceted, extending to the awarding of scholarships and prizes to the college's students and providing assistance for educational purposes within the institution itself. The foundation's role is instrumental in fostering academic growth and success within the college community.
Official website here: www.mxccfoundation.org
Who is the CEO of Middlesex Community College Foundation Inc?
Chris Dibble is the Board Member of Middlesex Community College Foundation Inc.
Official website here: www.mxccfoundation.org
What is the revenue of Middlesex Community College Foundation Inc?
Middlesex Community College Foundation Inc's revenue in 2022 was $485,056.
Official website here: www.mxccfoundation.org
Who are the executives of Middlesex Community College Foundation Inc and what are their salaries?
There 60 volunteers at Middlesex Community College Foundation Inc.
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Official website here: www.mxccfoundation.org
Where can I find the form 990 for Middlesex Community College Foundation Inc?
Middlesex Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mxccfoundation.org
Learn more at the official website: www.mxccfoundation.org
Mission Statement of Middlesex Community College Foundation Inc
Middlesex Community College Foundation Inc is an organization dedicated to supporting the educational activities of Middlesex Community College. Its mission is to provide scholarships and prizes to the college's students and offer assistance for educational purposes to the institution itself. By doing so, the foundation aims to contribute to the academic success and growth of the students and the college as a whole. The foundation's support is instrumental in enabling students to pursue their educational goals and in enhancing the college's educational resources and opportunities.
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Impact
July, 2024
Middlesex Community College Foundation Inc's impact is significant in supporting Middlesex Community College's educational activities. Through scholarships and prizes awarded to students, as well as providing support to the school for educational purposes, the foundation plays a vital role in helping students pursue their academic goals. By carrying out its mission to support educational activities at the college, Middlesex Community College Foundation Inc positively impacts the lives of students and contributes to the development of the local community in Middletown, CT.
This information is meant to be a general summary of Middlesex Community College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41,631
- Gross Receipts: $567,281
Assets and Liabilities:
- Total Assets: $1,235,202
- Total Liabilities: $61,681
- Net Assets: $1,173,521
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Organization Details
Founding Year
1966
Phone
(860) 343-5789Principal Officer
Chris Dibble
Main Address
100 TRAINING HILL ROAD, MIDDLETOWN, CT, 06457
Website
www.mxccfoundation.orgNTEE Category
Code: T31 - Philanthropy
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